1. Axos Bank CashBack Card
Monthly Maintenance Fee
$0
Minimum Deposit Requirement
$50
Rewards
0.50% to 1% cash back
Axos Bank CashBack Checking is a great debit card for earning cash back. You can get up to 1% back on certain purchases, with a maximum of $2,000 cashback per month.
To get the full 1%, you need to keep at least $1,500 in your account daily; otherwise, it’s 0.50% cash back. You’ll need $50 to open this account, and there are no monthly fees. You can use ATMs in the U.S. for free.
Just remember, you only earn rewards when you spend, and your account balance doesn’t earn extra money. Also, some purchases, like groceries, won’t give you cash back.
Pros
- Get competitive rates on both checking and savings accounts.
- Enjoy the benefit of no monthly fees.
- Several rewards checking accounts
- Access your savings account conveniently with an ATM card.
- Experience unlimited ATM fee reimbursements on many accounts.
Cons
- CD rates aren’t competitive with other online banks
- No physical branches
Continue reading on the next page to find out about other debit cards.
